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Bitfinex Alpha 176 | After the Carnage, Still Some Hope
6 days ago
40
What triggered the sharpest crypto sell-off in months last week? ⚡️
A sudden wave of spot selling as US–China tariff tensions spiked on Oct 10 🇺🇸🇨🇳 — creating a 2.5x imbalance between sellers and buyers and fueling cascading liquidations across futures markets.
Historically, liquidation-driven capitulations often lead to rebounds. 📈
For Bitcoin, holding above $110K could signal stabilisation with targets near $117K–$120K.
📊 View more in the review video:
https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-after-the-carnage-still-some-hope/
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